Terra victims have one month to file claims on lost crypto, court
Victims of the Terra/LUNA collapse who want to vote in bankruptcy proceedings have until August 21 to file a claim for any lost crypto or forfeit any say in the debtor’s plan, according to a Delaware bankruptcy court. The notice, ordered on July 19, says claim ants must submit a preliminary crypto loss form to the debtor claims and noticing agent, Epiq, as part of Terra ’s Chapter 11 bankruptcy proceedings. According to the notice, Terra/LUNA victims failing to submit their claims before the deadline, “Shall not be treated as a creditor with respect to such claim solely for the purposes of voting on the Debtors’ Plan.” This is only for the voting plan, and the notice stresses that claimants who miss this deadline, “ will not be barred from submitting a crypto loss claim at a future date , which will be established by procedures that will be disclosed in the future.” The high-profile LUNA investors — from prime ministers to beauty queens Read more: Montenegro PM Milojko ...